To stay on top of the finances brought in by your rental properties, it’s a good idea to run regular reports to make sure you’re not in the red. If you’re working with an accountant, he or she will give you a good idea of what types of reports to run. The frequency of running reports depends on what your current portfolio looks like, but a good rule of thumb is to run reports every month as well as the end of the year.

As a property manager or landlord, you’re responsible for the safety of your residents. You need to make sure that all your appliances are working correctly, and that your residents are safe against the dangers of carbon monoxide. Carbon monoxide, when not detected, can kill a person in a matter of minutes.

Difficult tenants can be a huge pain. Whether your tenant is late on rent, throwing wild parties, or involved with illegal activities, it’s crucial that you know the best practices on how to deal with the situation. In this guide, we’ll tell you what steps you should take when you find yourself dealing with a problem tenant.

Aleah Hardiman, like many other rental pros, found that property management was contagious profession. Watching her fiancé renovate and sell houses since he was 18 years old, doing three properties by himself, really piqued her interest in real estate. By the last two properties, the couple started keeping the projects to manage as rentals, starting Hardiman on a whole other career path she came to really enjoy.

Every renter needs to do laundry. In some metropolitan cities where apartments are small, there may not always be room to fit an in-unit washer and dryer. That’s why renters are starting to prioritize residences that offer community washers and dryers. There are various benefits of offering a community laundry room in your residence. Consider the benefits of offering one.